Has your debt been piling up lately? Are you burnt out from trying other financial tips and advice but haven’t solved your problems?
Perhaps you’re here because you’ve already tried every thing.
In most cases, the best way is to approach professionals that can help you resolve the issue.
CuraDebt is one of the companies that get the most inquiries. A lot of people have been inquiring whether they can assist you or help you get into more debt.
According to their customers, they can help you control the majority of your debts so that you can finally take a couple of w
orries off your mind.
For some they believe these claims are too good to be true.
Suppose you’re on the lookout for any solution that could assist you in paying off your debt. In this situation, CuraDebt will mostly be highly recommended by those. We’ll take a deeper review of the way CuraDebt works and what problems it can solve for you.
Furthermore, before we conclude, we’ll also look into its benefits and drawbacks.
Before starting the review, you can watch this video instead in case you would prefer watching it.
Otherwise, let’s begin.
Before you continue, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. After, you will want to read the rest of the article for a more comprehensive review.
About the Company Tax Relief Kenya 2021
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has since become an active member of the American Fair Credit Council, the US Chamber of Commerce, and accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have limited their access to their services.
What CuraDebt do?
Helping you pay off your debt is CuraDebt’s most known feature. They also provide other services that can assist you in becoming financially stable.
The process starts by requesting a no-cost online savings estimate. The service is completely confidential and they will not be conducting a credit screening. By using this estimate of savings you’ll be able to learn more about the options to debt-free.
Savings estimates, which was mentioned before, gives you the opportunity to consider your options, regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to assist you in navigating credit arbitration in the event that you decide to enroll. Certain financial advisors can assist you with your debt-free journey.
After your debt settlement plan, CuraDebt will be the agency to handle all of the calls from your creditors. They will also be the ones that will negotiate conditions of the payment in accordance with the state of your financial situation. Depending on which works best your situation, the payment could either be a lump sum settlement or an installment plan.
Furthermore they will be working with the lenders to help you have better rates as you transfer money into your savings account. This is then processed to pay off the creditors. The plans they offer can help you settle the debt within 48 months.
After you’ve signed up with them, they will give you access to your data 24/7. All you need to do is sign in to CuraDebts’ client portal so that you can monitor your progress.
Before you are able to avail their program, you’ll need to pass their requirements first. For eligibility, you’ll need to be:
- At least 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they help you with?
Here are the various ways CuraDebt can help you.
The name of the company suggests that CuraDebt will assist you in dealing your debt. They can negotiate settlements on your behalf to settle most types of debt. This includes personal loans, medical bills credit cards, as well as loans. You can also approach them to help settle any remaining balance on business debt and collections or repossessions.
They may even assist you in negotiating on tax owed and IRS debt. However, you won’t get assistance for the majority claims, loans from the government or collateral, as well as utility bills. They also don’t cover most student loans.
On the other hand, they can assist you in navigating laws such as those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify creditor violations to ensure that you receive cash settlements, if possible. Certain violations may lead to having your debts dismissed as well.
CuraDebt also allows you to repay debt for less than the amount you own. You can also inquire about your debt during their no-cost meeting with their debt counselor.
The best part about their plan is that you’ll only pay the fees after your debt has been settled. All you have to sign up to some of their programs and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. Once they’ve gathered all your financial documentation They will also gather all the necessary paperwork for tax returns.
Through this program, you should be able to resolve different types of taxes such as garnishments on wages as well as tax penalties for personal and taxation for business as well as back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden charges also. They use only flat-fee pricing that is based on the amount that you’ll must settle.
They offer different options when it comes to settling the tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt are they able to help with?
Although they specialize in debt settlement, it is not their forte but they aren’t able to cater to all types of settlement. CuraDebt only focuses on unsecured debt. They won’t be able to assist you if your debt or loan is tied to an actual item.
If, however, you are in the following types of debt, they’ll arrange settlements for you.
With CuraDebt, you should be able pay off tax debts that were due to be paid without difficulty. Additionally, this service is available across all 50 states, if you have a debt in arrears to IRS. They have federal tax experts that can help you resolve these kinds of problems.
CuraDebt will also help you resolve the medical bills. In some cases, you may even pay them less than the amount you owe.
Private Student Loan
CuraDebt does not cater to federal student loans. Still, they can help private students in negotiating the student loans they owe.
Personal and payday loans are also eligible to be eligible for debt relief programs. It is also possible to avail the program the program if you have other unsecure credit lines that you have obtained from another financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, or private label credit cards CuraDebt can assist you in paying it off.
What will it cost you?
The greatest thing about CuraDebt is the way the company has priced its services. They don’t charge an upfront fee. The only time you pay is when you settle each of your debts.
They also don’t charge high costs either. On average, you’ll be required to pay between 20 and 20 percent of the debt you settled with them.
In general, this type of industry can charge anywhere between 15 and 25%.
In addition, customers can expect to pay off their debts in two to four years. But, it also differs depending on the amount that you save per month.
Also, they claim you can save up to 30% when you factor in their fees in your equation.
However, this statement will differ based on the situation. Some customers even claimed to save 50% to 80percent.
Benefits of using CuraDebt
Now that you have an understanding of what CuraDebt can provide, let’s explore the benefits from using CuraDebt.
The first is that CuraDebt only charges you when you’ve paid off your debt. Furthermore they charge only a 20% fee while many companies charge 25%.
Then, if you’re done with the debt settlement program, you may enroll in their credit restoration program.
It’s a fantastic method to improve your credit without having to go back into debt. The program is however designed different for every person dependent on the circumstances of your case.
Finally, CureDebt looks into your credit to assist in settlements and negotiations. This means your debt won’t increase as time passes. They’ll also look into any violations by creditors with the help of their in-house experts.
The drawbacks of using CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Debt relief and debt settlements usually require that you stop paying with your credit card. If you’re trying to build a better rating on your credit, this may delay you from working on your credit card debt.
CureDebt does not have a mobile app. While they do have a client website, it looks aged and simple. It’s not particularly intuitive and could be difficult to navigate.
In addition, they’re not accredited with their Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a good program that will allow you to settle your debt without spending more on those types of services. Moreover their 20% service charge is less expensive than the majority of companies that offer a 25% fee. There is no upfront payment and you’ll only have to pay when the debt is paid off.
Although they’ll allow you to access an account to see your progress however, their website isn’t easy to navigate. CuraDebt also doesn’t have an app, which will make it easier to monitor your progress.
But, they do have a competent support staff and can be reached them, not only via emails but by phone or by sending an electronic ticket. Tax Relief Kenya 2021
If your debt is a big problem, then we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the services they offer are available in your state.
FAQ Tax Relief Kenya 2021
What is the time frame to complete the program?
The average program is 24 to 48 months, dependent on the size of your debt and the agreement on the settlement.
Can CuraDebt help with state tax problems?
Sure, CuraDebt offers a program for tax relief that will aid you in dealing with problems such as delinquent payroll tax issues and garnishments of wages.
What’s the first thing I have to do after joining the program?
You’ll have to keep in constant contact with the team and pay the required payments to reduce your debt over time.